Best For: 10-15 year regular savings / retirement plans. Smaller lump sum investments (less than £50k)
Lump Sum Investments
Cost: 8/10 - They are one of the more expensive options for Lump Sum Investments.
Service: 6/10 – Reasonably good processing times, no online switching but email ok.
Overall: 7/10 – Not a bad option overall but better available.
Cost: 7/10 - They are one of the more expensive options for regular premiums with some heavy penalties for reduction of premiums.
Service: 8/10 – Reasonably good processing times, no online switching but email ok.
Overall: 7/10 – Good for investment in the 10-15 year time range as long as you maintain payments.
A company that has lots of legacy clients, however, the market has moved on now and Friends Prvident have all but pulled out of most markets globally. If you have a FPI plan or are thinking about starting one there are better options available.
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